The type of performance appraisal that consists of ratings of subjective attributes like attitude or leadership is a(n) ______ appraisal.
A. objective
B. trait
C. behavioral
D. self
E. 360-degree
B. trait
Trait appraisals are ratings of such subjective attributes as "attitude," "initiative," and "leadership."
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A measure of the total supply of money in the economy is referred to as
A. monetary aggregate. B. liquidity total. C. the velocity of money. D. inside money.
Which of the following ratios uses the market price of a company's stock in the denominator?
A) Price/Earnings. B) Dividend yield C) Cash flow yield D) All of these choices.
During June, Vixen Company sells $850,000 in merchandise that has a one year warranty. Experience shows that warranty expenses average about 3% of the selling price. Customers returned $14,000 of merchandise for warranty replacement during the month. The entry to record the estimated warranty liability at the end of the month is:
A. Debit Estimated Warranty Liability $14,000; credit Warranty Expense $14,000. B. Debit Warranty Expense $11,500; credit Estimated Warranty Liability $11,500. C. Debit Warranty Expense $25,500; credit Estimated Warranty Liability $25,500. D. Debit Warranty Expense $14,000; credit Estimated Warranty Liability $14,000. E. Debit Estimated Warranty Liability $11,500; credit Warranty Expense $11,500.
On January 4, Year 1, Barber Company purchased 11,500 shares of Convell Company for $138,000 plus a broker's fee of $3600. Convell Company has a total of 57,500 shares of common stock outstanding and it is presumed the Barber Company will have a significant influence over Convell. During each of the next two years, Convell declared and paid cash dividends of $0.75 per share, and its net income was $111,000 and $106,000 for Year 1 and Year 2, respectively. The January 12, Year 3, entry to record Barber's sale of 6900 shares of Convell Company stock, which represents 60% of Barber's total investment, for $93,150 cash should be:
A. Debit Cash $93,150; credit Gain on Sale of Investment $8190; credit Equity Method Investments $84,960. B. Debit Cash $93,150; debit Loss on Sale of Investment $48,450; credit Equity Method Investments $141,600. C. Debit Cash $93,150; credit Gain on Sale of Investment $17,250; credit Equity Method Investments $75,900. D. Debit Cash $93,150; debit Loss on Sale of Investment $7500; credit Equity Method Investments $100,650. E. Debit Cash $93,150; debit Loss on Sale of Investment $17,250; credit Equity Method Investments $110,400.